macd 8 ema crossed then whipsawed as it can do from time to
time. However it has turned back down to a sell again today...right
in line with the SPY system....seems like a good confirmation to
me!
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Did you mean August 29-30?
8 ema crossover
Posted by frtaylor on 4th of Oct 2011 at 09:27 pm
Did you mean August 29-30? Because Sept 29-30 there was no whipsaw, and it was of course moving to the down side.
yes , sorry
Posted by perthx on 5th of Oct 2011 at 09:35 am
I did mean August 29-30 where it looks like there was the slightest of whips.
the histogram went positive
Posted by perthx on 5th of Oct 2011 at 12:22 pm
so there ya go, confirmation. I am still worried about a lower low whipsawing this move.
watch that 8 ema vs histogram
Posted by perthx on 6th of Oct 2011 at 03:42 pm
the modified macd is close to giving a sell signal, as early as tomorrow morning!!
crossed under
Posted by perthx on 7th of Oct 2011 at 11:57 am
The mod macd just crossed under the 8 ema suggesting a significant pullback may be starting
macd 8 ema crossed then
Posted by perthx on 10th of Oct 2011 at 03:25 pm
macd 8 ema crossed then whipsawed as it can do from time to time. However it has turned back down to a sell again today...right in line with the SPY system....seems like a good confirmation to me!